Will IHG continue falling, or will it recover to recent 5060p highs?

• Shares down 4.9% from recent highs; Now 4858p (at time of writing).
• Can the stock recover recent 5060p highs?
• Shares -3.8% from 2019 highs; +15% from 2019 lows; +9% year-to-date.
• 3 May: 1Q trading update was slightly soft, says Citi
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

Click to enlarge

Trading IHG – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 5060p. You decide to buy exposure to £10,000 worth of IHG using a CFD, at the current price of 4858p. To do this, you need £2,000.

Let’s assume IHG recovers back to 5060p April highs (+4.1%). Your profit would be £410, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. IHG falls 2% and hits your stop-loss. Your loss would be £200.

This is provided for information purposes only. It should not be taken as a recommendation.